The country's economic growth slowed sharply in the second quarter, official data showed Thursday, as high inflation, a drop in government spending, and interest...
Jakarta, Indonesia—Indonesia’s coronavirus-hit economy contracted in the second quarter for the first time in more than two decades, with warnings that its recovery could...
Singapore's economy shrank more than 40 percent in the second quarter as the coronavirus plunged the Southeast Asian financial hub into recession for the...
London"•The coronavirus outbreak and resulting lockdown of billions of people threatens the global economy to the point where economists are predicting the most violent...
London"•‘‘I think the patient is stabilized,” then US president Barack Obama declared after G20 powers prescribed unprecedented remedies to steady the crisis-wracked world economy...
Tokyo"•A deadly virus that has prompted travel restrictions in China is sending shock waves through Asia’s tourism industry, which has become increasingly reliant on...
Capital Economics, a London-based research agency, said it expects the Bangko Sentral ng Pilipinas to start easing its policy stance as early as the...
London-based think tank Capital Economics warned increased political uncertainty in the Philippines could dent economic growth over the next five years.
Capital Economics said the...
The weakness of the peso remains manageable, but policymakers must not be complacent because of its possible negative impact on the economy, global consultancy...